Shanghai W Ibeda High Tech Group Co Ltd (688071) - Total Assets
Based on the latest financial reports, Shanghai W Ibeda High Tech Group Co Ltd (688071) holds total assets worth CN¥2.30 Billion CNY (≈ $335.99 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Shanghai W Ibeda High Tech Group Co Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Shanghai W Ibeda High Tech Group Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Shanghai W Ibeda High Tech Group Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 688071 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Shanghai W Ibeda High Tech Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanghai W Ibeda High Tech Group Co Ltd's total assets of CN¥2.30 Billion consist of 34.0% current assets and 66.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.3% |
| Accounts Receivable | CN¥474.16 Million | 21.7% |
| Inventory | CN¥126.06 Million | 5.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥25.71 Million | 1.2% |
| Goodwill | CN¥38.49 Million | 1.8% |
Asset Composition Trend (2017–2024)
This chart illustrates how Shanghai W Ibeda High Tech Group Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see 688071 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shanghai W Ibeda High Tech Group Co Ltd's current assets represent 34.0% of total assets in 2024, a decrease from 61.9% in 2017.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2024, up from 1.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 11.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 21.7% of total assets.
Shanghai W Ibeda High Tech Group Co Ltd Competitors by Total Assets
Key competitors of Shanghai W Ibeda High Tech Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
Autoliv Inc
NYSE:ALV
|
USA | $8.47 Billion |
|
Autoliv Inc.
F:LIV
|
Germany | €8.47 Billion |
|
Versigent PLC
NYSE:VGNT
|
USA | $4.91 Billion |
|
Ningbo Shuanglin Auto Parts
SHE:300100
|
China | CN¥6.78 Billion |
|
Adient PLC
NYSE:ADNT
|
USA | $8.95 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
|
Jiangsu Pacific Precision
SHE:300258
|
China | CN¥7.41 Billion |
Shanghai W Ibeda High Tech Group Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.93 | 0.87 | 0.87 |
| Quick Ratio | 0.77 | 0.73 | 0.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-69.46 Million | CN¥-114.35 Million | CN¥-44.89 Million |
Shanghai W Ibeda High Tech Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shanghai W Ibeda High Tech Group Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.58 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | CN¥2.19 Billion |
| Market Capitalization | $420.61 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shanghai W Ibeda High Tech Group Co Ltd's assets below their book value (0.19x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shanghai W Ibeda High Tech Group Co Ltd's assets grew by 3.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shanghai W Ibeda High Tech Group Co Ltd (2017–2024)
The table below shows the annual total assets of Shanghai W Ibeda High Tech Group Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.19 Billion ≈ $320.05 Million |
+3.63% |
| 2023-12-31 | CN¥2.11 Billion ≈ $308.83 Million |
+62.34% |
| 2022-12-31 | CN¥1.30 Billion ≈ $190.23 Million |
+34.08% |
| 2021-12-31 | CN¥969.58 Million ≈ $141.88 Million |
+65.05% |
| 2020-12-31 | CN¥587.43 Million ≈ $85.96 Million |
+20.27% |
| 2019-12-31 | CN¥488.44 Million ≈ $71.47 Million |
+15.38% |
| 2018-12-31 | CN¥423.33 Million ≈ $61.95 Million |
+13.60% |
| 2017-12-31 | CN¥372.64 Million ≈ $54.53 Million |
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About Shanghai W Ibeda High Tech Group Co Ltd
Shanghai W-Ibeda High Tech.Group Co.,Ltd. researches, develops, and manufactures automotive powertrain intelligent test equipment in China. The company also engages in new energy vehicle powertrain testing services and intelligent driving related businesses. It also offers test equipment systems of gearboxes, engines, turbocharger, and water and oil pumps. Shanghai W-Ibeda High Tech.Group Co.,Ltd… Read more